With Bitcoin prices have been rising throughout the beginning of 2017, and are at $1194.25 at the time of this writing. Pair that with newer cryptocurrencies such as Ether along with an increasing acceptance of blockchain tech as well as media and government coverage, cryptocurrency wallets are needed now more than ever.
These ten wallets have proven to be crowd-pleasers and each comes with its own array of pros and cons that are mostly dependent on user preference:
Case is a cryptocurrency hardware wallet. Case allows for biometric authentication, amonog the best protections for your hard-earned crypto. The Case wallet supports Bitcoin transactions via a multi-factor authentication device and a requirement of 2-of-3 signatures in order to broadcast the transaction to the blockchain. The three signatures are your fingerprint, the company’s signature, and a third signature that you can use in case your wallet becomes compromised or need to recover your key.
UberPay was designed to increase the ease of converting between various cryptocurrencies or altcoins and gold or silver. The result of easier to use technology is a higher adoption rate among the general user population. Easy day-to-day use is essential for the widespread adoption of cryptocurrencies, and UberPay is making that future a reality.
Mist is a software Ethereum wallet that allows you to purchase Ether with Bitcoin or (if you live in the U.S.) a credit card. Mist has been adapted to allow smart contracts to be written directly in the interface. Mist allows you to generate accounts and copy your public address for payment with a single click. Plus, Mist uses a GUI instead of command line so it is more user friendly.
Exodus is the first desktop software wallet to have ShapeShift built into the interface in order to allow for rapid conversion between various altcoins and cryptocurrencies. Beyond having ShapeShift integration, Exodus is a multi-asset wallet and lets you store your private keys in one application with a customizable user interface.
Jaxx established their brand by allowing for cross-platform support with their crypto wallet. Jaxx has added integration support for ShapeShift and gives users a multi-currency wallet that they hold the private keys for. Jaxx announced the “Ice Cube” which is a hardware wallet with a camera and cellular chip for broadcasting transactions that never connects to the internet. The Ice Cube is water and fire resistant. The Ice Cube is small and can also be stored in a safe or safety deposit box for security.
TREZOR is an industry-leading hardware multi-cryptocurrency wallet. TREZOR combines an easy setup with a small, durable token for authenticating and storing cryptocurrency. The token can also act as a security key for the new U2F authentication process.
Coinbase has established a dedicated cryptocurrency exchange, a Bitcoin and Ethereum wallet, and is supported in more than 30 countries. Coinbase has handled more than $6 billion in cryptocurrency exchanges and is an industry leader for cryptocurrency exchange.
The Ledger Nano S is a cryptocurrency multi-asset hardware wallet that looks like a folding flash drive. The Ledger Nano S connects via a USB cable and requires interaction with the device to confirm transactions. Ledger’s Nano S is also U2F authentication compliant for use with other services.
Mycelium is an Android-based multi-asset cryptocurrency wallet that has been tested by hundreds of thousands of users. Mycelium is in the midst of integrating with a variety of third-party service providers to bring new and emerging applications into a realm of usefulness that can only be achieved with native functionality and a high degree of user trust. Mycelium also has hardware wallets and is working to further the development of decentralized applications (DApps).
Electrum is a software wallet that was designed to give users the freedom to manage their funds and private keys in a secure manner. Electrum allows you to store your private keys offline and integrates with some hardware wallets like TREZOR or Ledger products. Electrum utilizes decentralized servers to ensure minimal to no downtime.
What’s your favorite crypto wallet? Why? Let us know in the comments below!